SpaceX IPO Could Make Elon Musk the World’s First Trillionaire
SpaceX's potential IPO might propel Elon Musk to become the world's first trillionaire, as investors eye the company's high valuation.
SpaceX's potential IPO might propel Elon Musk to become the world's first trillionaire, as investors eye the company's high valuation.
The US has proposed a 12.5% tariff on Indian imports, citing failure to curb forced labour. India is among 60 economies targeted, complicating ongoing trade talks.
The Pakistan Stock Exchange saw a mixed session with the KSE-100 Index down 374 points, as profit-taking erased early gains amid cautious investor sentiment.
Prime Minister Shehbaz Sharif met industrialists to discuss economic policy and budget 2026-27, focusing on export-led growth, investment, and job creation.
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RecommendedPatreon refuses to remove content from Reckless Ben amid a $200K Lego dispute with Bricks and Minifigs, citing insufficient evidence.
The US Trade Representative proposes additional duties of 10% or 12.5% on imports from 60 economies over forced labor concerns, with public comments due by July 6.
The Provincial Paramedical Class-IV Employees Association of Khyber Pakhtunkhwa has elected a new cabinet to represent health sector workers across the province.
District administration Peshawar arrested 75 shopkeepers for overcharging and lack of price lists during a crackdown on profiteering across multiple areas.
Inspector General of Police Punjab distributed laptops to 21 children of police martyrs, reaffirming commitment to support families of fallen officers.
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RecommendedLDA sealed 128 properties in Lahore for illegal commercial use and fee defaults, including schools, restaurants, and shops in Gulberg, Johar Town, and other areas.
A tragic road accident on the Karakoram Highway in Lower Kohistan claimed six lives when a passenger car fell into a deep ravine near Taris Banda. Rescue teams recovered the bodies after a three-hour operation.
The federal government will initiate a Rs1.424 trillion project for Diamer-Bhasha Dam's power generation facilities in FY2026-27, with an initial allocation of Rs500 million in the PSDP.
OICCI's Business Confidence Index fell 9 points to 13% due to Middle East war, inflation, and fuel costs. Services and manufacturing declined, while retail improved slightly.
SECP registered 3,161 new companies in May 2026, setting a single-day record of 415 incorporations. Total registered firms reach 297,239, with IT sector leading growth.
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RecommendedThe Pakistan Stock Exchange rebounded on Tuesday as the KSE-100 index surged 421 points to close at 171,021.77, driven by strong trading activity and market capitalization growth.
The government negotiates with LNG terminal operators to defer capacity charges. April fuel adjustment may raise electricity prices by Rs1.73/unit, burdening consumers with Rs16 billion.
The Pakistan Poultry Association hails a Constitutional Court judgment exempting poultry feed from additional tax, calling it a historic victory for industry sustainability and food security.
Cement despatches in Pakistan fell 21% in May 2026 compared to last year, with local sales down 17% and exports dropping 36%. However, cumulative despatches for the first eleven months rose 6.44%.
GO Pakistan's Sarsabz Project scales up sapling distribution from 50,000 in 2019 to 600,000 in 2025, expanding nurseries and green cover across multiple regions.
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RecommendedFriesland Campina Engro Pakistan Limited celebrated World Milk Day with students in Karachi, Sahiwal, and Sukkur, promoting milk's health benefits to combat malnutrition.
Soneri Bank has partnered with The Citizens Foundation to adopt TCF Chinoy Campus for one year, reinforcing its commitment to sustainable social development and quality education in Pakistan.
Faysal Bank Limited wins multiple accolades at Global Islamic Finance Innovation Awards 2026, highlighting Pakistan's growing presence in Islamic finance.
FIA immigration at Multan Airport offloaded two women traveling on forged visas to Eswatini, arrested two agents for facilitating illegal immigration.
Shibuya Ward in Tokyo introduces on-the-spot fines of 2,000 yen for littering, deploying 50 officials to patrol streets as Japan tackles overtourism.
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RecommendedPakistan's federal budget focuses on fiscal discipline, revenue mobilisation, and IMF-aligned reforms, with targets of 4.1% GDP growth, 8.4% inflation, and 2% primary surplus.
Karachi's water tanker mafia charges exorbitant prices, exploiting residents amid severe shortages. Authorities must act to regulate services and ensure fair distribution.
Pakistan lost $59 billion from climate disasters in 30 years, yet only 2% of cropland is insured. Parametric insurance could protect farmers affordably.
The AGPR has fixed June 12, 2026, as the deadline for submitting payment claims related to the closing of financial year 2025-26, directing DDOs to ensure timely submission.
Prime Minister Shehbaz Sharif emphasizes industrial development and foreign investment as vital for sustainable economic growth and long-term prosperity in Pakistan.
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RecommendedThe State Bank of Pakistan has introduced Saudi Riyal and UAE Dirham investment options under Naya Pakistan Certificates to boost foreign inflows from Gulf expatriates.